HPU Triples All-Time Annual Record in Gift Receipts

HIGH POINT, N.C., July 10, 2006 - High Point University has set yet another record - collecting $17.5 million in contributions received in one fiscal year. This figure shatters - almost triple - the university's previous record of $6 million. In addition, the total amount of cash and pledges received over the past 18 months has reached $57 million, with no end in sight.

"We are grateful for our supporters and are committed to a bright future as we educate and inspire deserving students," said President Nido Qubein.

Under Qubein's leadership, the university has embarked on a three-year, $100 million transformation strategy including the construction of 10 new buildings and the renovation of 13 others, along with the enhancement of academic programs and an increase in scholarship offerings.

"Dr. Qubein's fundraising abilities are just astounding," said Marsha Slane, chair of the HPU Board of Trustees. "The fact he has accomplished this in such a short period of time with no outside assistance proves that this is just the beginning; the future of HPU is very bright."

Gifts come from a variety of sources, with strong support from the High Point community and from alumni.

"Every dollar we receive, no matter what the source, is more proof that the community and our alumni have faith in our vision to turn High Point University into one of the nation's premiere institutions," said Qubein. "We are honored to be entrusted with these gifts and want to ensure our supporters that we will guide this university with love and care."

At High Point University, every student receives an extraordinary education in a fun environment with caring people. HPU is a liberal arts institution with approximately 3,000 undergraduate and graduate students from 50 countries and 44 states at campuses in High Point and Winston-Salem. It is ranked by US News and World Report 12th among comprehensive universities in the South and in the top 100 nationally. The university offers 68 undergraduate majors, 33 minors and five graduate-degree programs. It is accredited by the Commission of Colleges of the Southern Association of Colleges and Schools, and is a member of the NCAA, Division I and the Big South Conference.